India

Securities / Derivatives

India, Cyprus Exchanges Partner to Boost Capital Market Ties

By Nithya Subramanian | 17/06/2025

The collaboration will include cross and dual listings of financial instruments, and co-development of innovative financial products.

ESG / Sustainability

NSE Gets SEBI Approval to Launch Monthly Electricity Futures

By Nithya Subramanian | 17/06/2025

NSE’s electricity futures contracts are expected to attract large-scale climate finance to support India’s clean energy transition

ESG / Sustainability

India Proposes Climate Finance Taxonomy to Help Mobilise Green Capital

By Nithya Subramanian | 17/06/2025

The proposed climate finance taxonomy aims to facilitate the flow of capital to climate-friendly technologies and activities.

Fintech / Regtech

RBI Simplifies KYC Rules for Low-Risk Customers

By Nithya Subramanian | 16/06/2025

Banks can use Business Correspondents to assist with collecting customer self-declarations regarding unchanged KYC details or address updates.

Capital / Liquidity

RBI to Tighten LRS Rules to Prevent Wealth from Moving Overseas

By Editors | 14/06/2025

The RBI plans to tighten its remittance rules to curb the outward movement of passive wealth and protect India’s FX reserves.

Fintech / Regtech

India Publishes Data Governance Framework for Managing User Consents

By Nithya Subramanian | 13/06/2025

The CMS framework aims to transform how organisations collect, validate and manage data consents, ensuring compliance with the DPDP Act.

Fintech / Regtech

SEBI Announces Launch of Verified UP IDs to Curb Fraud

By Nithya Subramanian | 13/06/2025

All registered market intermediaries will have to adopt new UPI handles. Investors will have a new verification tool to verify the legitimacy of UPI IDs.

Capital / Liquidity

RBI Expands Large Exposure Exemptions to Boost PSL Compliance

By Nithya Subramanian | 12/06/2025

Banks can exclude contributions to NABARD, NHB, SIDBI, and MUDRA from large exposure limits when made to meet Priority Sector Lending targets

Enforcement

SEBI Issues Recovery Notices to OPG Securities in NSE Co-Location Case

By Nithya Subramanian | 12/06/2025

SEBI fined OPG Securities for repeatedly accessing NSE’s secondary POP server without authorisation.